Sasabbat
09-29 23:40

πŸ“ˆ Volatility is your friend in option trading!

Yesterday I was down with flu symptoms πŸ€’, so while resting at home I spent quite some time watching financial channels on YouTube.

I decided to dig deeper into $Bloom Energy Corp(BE)$  

πŸŽ₯ https://www.youtube.com/watch?v=p6rjlXLDpcc

At 9:30 PM Singapore time, the US market opened πŸ‡ΊπŸ‡Έ and I noticed that BE was actually the worst performing stock on my watchlist.

I thought: Why not? 😏

Before going to sleep, I sold two PUT options on BE and placed a buyback order at a lower price, hoping it would trigger overnight while I was sleeping. 😴

BE bounced back a little from the lows, but my buyback order didn't trigger.

Fast forward to today… πŸš€

The market opened, and guess what?

BE was suddenly at the top of my list, recovering yesterday's losses. πŸ“ˆπŸ”₯

So I went back in and closed my PUT options for a nice profit. πŸ’°

One day. Good money. Sometimes we're lucky. πŸ€

And that's perfectly OK.

Not every trade needs to be a home run. Sometimes volatility creates an opportunity, you take the profit, and you simply celebrate the win. πŸ₯‚πŸ˜Ž

Tomorrow is another day and another market. πŸ˜‰

Cheers, and happy trading! πŸ»πŸ“ˆ

Modified in.16:12
Capitalizing on Market Volatility with Options
How would you use options in bullish, bearish, or sideways markets? πŸ“ˆπŸ“‰ Share how you use strategies such as Short Puts, Covered Calls, or Protective Puts to capture opportunities and manage risk. Post with #Capitalizing on Market Volatility with Options and exchange ideas with fellow Tigers! πŸ―πŸš€
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